| Financier | Commitments |
|---|---|
| IDA Credit | 45.00 |
| Energy Sector Management Assistance Program | 5.00 |
Liberia Electricity Sector Strengthening and Access Project (LESSAP) Phase 2
Abstract*
The investments proposed under the second phase of the LESSAP MPA will help address the poor operational and commercial performance of LEC leading to a financial turnaround of LEC as well as the low access to electricity to allow for achieving universal access to electricity within a reasonable timeframe. These include rehabilitation and expansion of the electricity infrastructure and systems, enhancement of LEC financial performance, off-grid electrification... Show More
Development Objective
The PDO is to expand the access to electricity services and enhance the operational performance of the Liberia Electricity Corporation (LEC).
Key Details
Project Details
P180498
Active
Mohammad Saqib , Omar Sherif
Republic of Liberia
May 14, 2024
(as of board presentation)
June 24, 2024
December 10, 2024
US$ 0.00 million
Liberia Electricity Corporation,Rural and Renewable Energy Agency
2024
US$ 50.00 million
N/A
June 24, 2024
June 30, 2029
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 45.00 |
| IBRD + IDA Commitment | 45.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 5.00 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 24, 2024 | IDA-76120 | Loan Commitment | 45,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-10-28 |
| Monitoring and Evaluation | Satisfactory | 2024-10-28 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-28 |
| Procurement | Satisfactory | 2024-10-28 |
| Financial Management | Satisfactory | 2024-10-28 |
| Project Management | Satisfactory | 2024-10-28 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.